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Microsoft Q1 2019 financial results: clouds, surface and games up

Microsoft published the first quarter of its 2019 financial results today, reporting $ 29.1 billion and a net income of…

Microsoft published the first quarter of its 2019 financial results today, reporting $ 29.1 billion and a net income of $ 8.8 billion. Revenue increased by 19 percent and net profit increased by 34 percent. Microsoft says this is a record first quarter, thanks mainly to strong growth in clouds.

Yiffs have jumped 14 percent year-on-year in the quarter to 1.1 billion dollars. This is the first quarter since Microsoft launched its Surface Go tablet in August, and it is clear Surface is now a solid billion dollar business. Microsoft has also managed to be a top five PC manufacturer in the US in the last quarter thanks to Surface.

Microsoft recently launched its new Surface Pro 6 and Surface Laptop 2 laptops, but they were unable to sell until October, so revenues count the next quarter. Similarly, the new Surface Studio 2 and Surface Headphones will not be available until next month so we have to wait for Microsoft’s Q2 2019 financial results to see if they have an impact.

Surface Pro 6 Photo by Amelia Holowaty Krales / The Verge

Microsoft’s gaming business has grown steadily, and revenues are 44 percent higher in the quarter. Xbox hardware revenue has increased 94 percent in the quarter due to the time of the Xbox One X launch. Xbox Live active users have also grown to 57 million in the last quarter.

Microsoft even announced that it plans to launch its xCloud game support service in 2019. Microsoft’s cloud game will have strong competition from services like GeForce Now, PlayStation Now, Shadow and Liquid Sky. Also, Google tests its own Project Stream service that allows players to play Assassin’s Creed Odyssey through their Chrome browser on a laptop or desktop.

While Surface has driven Microsoft to the top five PC manufacturers in the US, the company also saw good results for its Windows license revenue. Windows OEM Pro revenue rises 8 percent in the quarter, which means that a higher mix of premium licenses is purchased by PC manufacturers. Non-Pro revenue has fallen by 5 percent, as PC manufacturers continue to market more and more advanced Windows laptops to consumers and commercial customers. Windows commercial products and incoming cloud services also increase by 12 percent due to an increase in multi-year contracts with companies.

HP’s new premium laptop Photo by Tom Warren / The Verge

In terms of business, this Microsoft is recording impressive growth. Office revenue for commercial products and services increased 17 percent in the quarter and commercial revenues from Office 365 increased by 36 percent. Companies have aggressively adopted Office 365 over the past year, and monthly active users have now surpassed 155 million. Cash revenue for office revenue has increased by 16 percent and 32.5 million consumers now write at Office 365.

Corresponding Azure’s revenue has increased by 76 percent in the quarter on the cloud and server. Server products and cloud services in general have also increased by 28 percent. The entire “intelligent cloud” division has now increased by 24 percent and marks $ 8.6 billion in Microsoft’s total revenue of $ 29.1 billion in the quarter. More personal data processing, including Windows, Games, Search and Surface, is the top 10.7 billion dollar share of total revenue. Cloud, Server and Office combines amount to $ 18.4 billion in revenue.

 LinkedIn Microsoft

Microsoft’s Mobile Apps

Microsoft’s $ 26 billion stake in acquiring LinkedIn, the company-focused data network and social networking company still looks promising. LinkedIn revenue increased 33 percent in the quarter due to an increase in sessions.

Bing and Microsoft search efforts are also contributing to Microsoft’s total revenue. Search advertising revenue increased 17 percent in the quarter, and it has increased the same way in the past year. It appears to be related to higher revenue per search and an increase in total search volume.

Microsoft is now planning to hold an earnings call at. 17.30 ET, and we update this article with all important information. [19659019]
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